The Point by Buyers Meeting Point
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Recommended Procurement Webinars January 21-25: Controlling Contingent Labor and Stand Out Sourcing
Although the two webinars I’ve recommended below are generally applicable, this week’s webinars also include a two specific applications of procurement process and technology in Higher Ed. Check out the full events calendar if you are interested. If you are planning beyond this week, take a peek at Tradeshift’s event on e-Invoicing and supply chain finance on January 31st or Coupa’s webinar about strategic sourcing optimization on February 19th. Both of those are good bets for expanding your knowledge.
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January 22, 1pm ET
‘Back in the day’ we just used to draw the line between products and services. Now, however, there are so many types of services being consumed by the average enterprise, that some common subdivisions have emerged: contingent labor, services procurement, and traditional services contracts. If we don’t get a handle on this spend and manage it thoroughly, we’ll have all of the same problems we did with product spend, including non-compliance, elevated risk, and savings leakage. Join this webinar to learn how a VMS (or vendor management system – not to be confused with supplier management platforms) might be able to help you.
January 23, 1pm ET
According to Deloitte’s 2018 CPO Survey (as cited in this event’s description) only 33% of procurement leaders believe their digital strategy actually delivers value. That’s not exactly a ringing endorsement, especially given how much time and money we spend selecting, implementing, and using procurement technology. In this event, the teams from Scout RFP and Zebra Technologies will share 5 best practices you can use to get off to a good start in 2019, including stakeholder buy-in, team organization, and the ROI of risk, compliance, and supplier management.